btc38 looks really heavy... big short orders... waiting for big bulls to come and eat the bears up and bears to switch back to long. I expect the low to be here somewhere. Maybe in 4-5 hours we might see a bump up.
i was on about the bitBTC price on the platform - why is it way below what it should be? (but thanks for the TA anywas )
1 - its early days and little liquidity in bitBTC, arbitrage is difficult to execute in reasonable volume.
2 - current BTSX market participants are rather BTSX bulls, and prefer short bitBTC position, pushing bitBTC below BTC peg.
3 - the search for an appropriate level interest on bitAssets holdings to ensure sufficient demand is continuing